Ellen DeGeneres, the beloved talk show host, has successfully transitioned into the world of real estate, showcasing her savvy investment skills alongside her wife, Portia de Rossi. Their latest project involves a stunning 9-acre property in Montecito, California, which they have listed for nearly $40 million. This asking price could lead to a significant profit, considering they purchased the property for $27 million just a year prior. The couple's keen eye for real estate has made them well-known in this high-stakes market.
The property, known as Salt Hill, was originally built in 2011 by a local philanthropist. Ellen made the purchase in early 2019 and expanded her estate by acquiring adjacent land for an additional $1.9 million. In the time since, she has made several notable upgrades, including enhancing the security system following a burglary that occurred earlier this year. These extensive renovations highlight the couple's commitment to ensuring their home remains both luxurious and secure.
While Salt Hill has undergone some improvements, it largely retains its original charm. The estate features an impressive 8,200-square-foot main house, a 1,400-square-foot guesthouse, and various other structures, including a security office and a gym cabana. Sotheby’s International Realty previously described the property as a "once in a lifetime opportunity," emphasizing the breathtaking views of the ocean and mountains, as well as the luxurious Balinese and Asian-influenced design. If you're intrigued by this remarkable property, it is currently available for $39.9 million, presenting a rare opportunity for potential buyers.
| Detail | Information |
|---|---|
| Property Name | Salt Hill |
| Location | Montecito, California |
| Size | 9 acres |
| Main House Size | 8,200 sq ft |
| Guest House Size | 1,400 sq ft |
| Original Purchase Price | $27 million |
| Current Listing Price | $39.9 million |
What You Will Learn
- Ellen DeGeneres and Portia de Rossi's successful real estate career.
- Details about their latest property listing in Montecito.
- The history and features of the Salt Hill estate.
- Insights into the California real estate market.
